Average Product Manager, Software with Project Management Skills Salary in Toronto, Ontario
The average annual salary of Product Manager, Software is $84,309.00
The starting salary of Product Manager, Software is between $51,655.00 and $60,770.00 whereas the maximum salary range is between $100,880.00 and $116,012.00.
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Product Manager, Software Salary Comparison by Gender
This pie chart demonstrates the gender share for Product Manager, Software. As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.
As shown in the chart, male employees are involved significantly more as Product Manager, Software compared to female. Their involvement is 55% while of female is only 45%.
Salary Distribution Based on Years of Experience
The line graph shows Product Manager, Software salary in Toronto, Ontario, Canada on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.
For Product Manager, Software having experience between 1-4 years, their salary is around $78,225.68.
Once the experience reaches 5-9 years Product Manager, Software salary would increase again to a total of $90,346.16, adding $12,120.48 from the last salary increase.
After reaching the 10-19 year experience in their career, decrease in salary is noted to a total of $113,740.38.
Prominent Skills Affecting Product Manager, Software Salary
The bar graph data indicates the importance of specific skills which can have a direct impact on Product Manager, Software's salary. It clearly highlights the skills needed for a post of Product Manager, Software when hired by an employer.
The most vital skill expected of Product Manager, Software is Strategic Planning which impacts the most than the rest of the skills indicated with a staggering 21% comparatively. Therefore, one’s salary would greatly depend on their skills in Strategic Planning.
The skill least likely to affect one’s pay would be Business Analysis with 6%. It can be said that Business Analysis skill will unlikely impact the salary.
Compensation Statistics Based on Experience Levels
This combination of a line and the bar graph shows how the experience affects the salary of Product Manager, Software. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.
As shown in the trends, lowest earning is $81,780.00 whereas the highest earning is $118,033.00 which clearly shows the salary increases with the level of expertise.
Late Career person will earn the maximum salary of $118,033.00 at 40%. So to summerize, Early Career earns 3% less than the average salary, Mid Carrer earns 13% more than the average salary, Late Career earns 40% more than the average salary.